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谷歌（GOOGL）与纽约时报公司（NYT）财务数据对比。点击上方公司名可切换其他公司
谷歌的季度营收约是纽约时报公司的141.9倍（$113.8B vs $802.3M）。谷歌净利率更高（30.3% vs 16.2%，领先14.1%）。谷歌同比增速更快（18.0% vs 10.4%）。谷歌自由现金流更多（$24.6B vs $157.6M）。过去两年谷歌的营收复合增速更高（18.9% vs 16.2%）
Alphabet Inc.是谷歌的母公司，业务覆盖美洲、欧洲、亚太、中东、非洲等全球主要区域，下设谷歌服务、谷歌云、创新投项三大业务板块。谷歌服务板块涵盖广告、安卓系统、Chrome、硬件、搜索、YouTube、邮箱、云盘、地图等多款产品，同时提供应用及数字内容售卖相关服务。
纽约时报公司是美国知名大众传媒企业，总部位于纽约市曼哈顿的纽约时报大厦，旗下核心出版产品包括《纽约时报》及其国际版等系列刊物，同时运营多元媒体资产，在全球新闻传媒领域拥有较高知名度。
GOOGL vs NYT — 直观对比
营收规模更大
GOOGL
是对方的141.9倍
$802.3M
营收增速更快
GOOGL
高出7.6%
10.4%
净利率更高
GOOGL
高出14.1%
16.2%
自由现金流更多
GOOGL
多$24.4B
$157.6M
两年增速更快
GOOGL
近两年复合增速
16.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $113.8B | $802.3M |
| 净利润 | $34.5B | $129.8M |
| 毛利率 | 59.8% | — |
| 营业利润率 | 31.6% | 20.1% |
| 净利率 | 30.3% | 16.2% |
| 营收同比 | 18.0% | 10.4% |
| 净利润同比 | 29.8% | 4.9% |
| 每股收益（稀释后） | $2.82 | $0.79 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GOOGLNYT
| Q4 25 | $113.8B | $802.3M | ||
| Q3 25 | $102.3B | $700.8M | ||
| Q2 25 | $96.4B | $685.9M | ||
| Q1 25 | $90.2B | $635.9M | ||
| Q4 24 | $96.5B | $726.6M | ||
| Q3 24 | $88.3B | $640.2M | ||
| Q2 24 | $84.7B | $625.1M | ||
| Q1 24 | $80.5B | $594.0M |
净利润GOOGLNYT
| Q4 25 | $34.5B | $129.8M | ||
| Q3 25 | $35.0B | $81.6M | ||
| Q2 25 | $28.2B | $82.9M | ||
| Q1 25 | $34.5B | $49.6M | ||
| Q4 24 | $26.5B | $123.7M | ||
| Q3 24 | $26.3B | $64.1M | ||
| Q2 24 | $23.6B | $65.5M | ||
| Q1 24 | $23.7B | $40.4M |
毛利率GOOGLNYT
| Q4 25 | 59.8% | — | ||
| Q3 25 | 59.6% | — | ||
| Q2 25 | 59.5% | — | ||
| Q1 25 | 59.7% | — | ||
| Q4 24 | 57.9% | — | ||
| Q3 24 | 58.7% | — | ||
| Q2 24 | 58.1% | — | ||
| Q1 24 | 58.1% | — |
营业利润率GOOGLNYT
| Q4 25 | 31.6% | 20.1% | ||
| Q3 25 | 30.5% | 15.0% | ||
| Q2 25 | 32.4% | 15.5% | ||
| Q1 25 | 33.9% | 9.2% | ||
| Q4 24 | 32.1% | 20.2% | ||
| Q3 24 | 32.3% | 12.0% | ||
| Q2 24 | 32.4% | 12.7% | ||
| Q1 24 | 31.6% | 8.1% |
净利率GOOGLNYT
| Q4 25 | 30.3% | 16.2% | ||
| Q3 25 | 34.2% | 11.7% | ||
| Q2 25 | 29.2% | 12.1% | ||
| Q1 25 | 38.3% | 7.8% | ||
| Q4 24 | 27.5% | 17.0% | ||
| Q3 24 | 29.8% | 10.0% | ||
| Q2 24 | 27.9% | 10.5% | ||
| Q1 24 | 29.4% | 6.8% |
每股收益（稀释后）GOOGLNYT
| Q4 25 | $2.82 | $0.79 | ||
| Q3 25 | $2.87 | $0.50 | ||
| Q2 25 | $2.31 | $0.50 | ||
| Q1 25 | $2.81 | $0.30 | ||
| Q4 24 | $2.14 | $0.74 | ||
| Q3 24 | $2.12 | $0.39 | ||
| Q2 24 | $1.89 | $0.40 | ||
| Q1 24 | $1.89 | $0.24 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $126.8B | $642.2M |
| 总债务越低越好 | $49.1B | — |
| 股东权益账面价值 | $415.3B | $2.0B |
| 总资产 | $595.3B | $3.0B |
| 负债/权益比越低杠杆越低 | 0.12× | — |
8季度趋势，按日历期对齐
现金及短期投资GOOGLNYT
| Q4 25 | $126.8B | $642.2M | ||
| Q3 25 | $98.5B | $617.4M | ||
| Q2 25 | $95.1B | $540.2M | ||
| Q1 25 | $95.3B | $522.1M | ||
| Q4 24 | $95.7B | $565.9M | ||
| Q3 24 | $93.2B | $492.9M | ||
| Q2 24 | $100.7B | $411.4M | ||
| Q1 24 | $108.1B | $379.1M |
总债务GOOGLNYT
| Q4 25 | $49.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $10.9B | — | ||
| Q4 24 | $10.9B | — | ||
| Q3 24 | $12.3B | — | ||
| Q2 24 | $13.2B | — | ||
| Q1 24 | $13.2B | — |
股东权益GOOGLNYT
| Q4 25 | $415.3B | $2.0B | ||
| Q3 25 | $386.9B | $2.0B | ||
| Q2 25 | $362.9B | $1.9B | ||
| Q1 25 | $345.3B | $1.9B | ||
| Q4 24 | $325.1B | $1.9B | ||
| Q3 24 | $314.1B | $1.9B | ||
| Q2 24 | $300.8B | $1.8B | ||
| Q1 24 | $292.8B | $1.7B |
总资产GOOGLNYT
| Q4 25 | $595.3B | $3.0B | ||
| Q3 25 | $536.5B | $2.9B | ||
| Q2 25 | $502.1B | $2.8B | ||
| Q1 25 | $475.4B | $2.7B | ||
| Q4 24 | $450.3B | $2.8B | ||
| Q3 24 | $430.3B | $2.8B | ||
| Q2 24 | $414.8B | $2.7B | ||
| Q1 24 | $407.4B | $2.6B |
负债/权益比GOOGLNYT
| Q4 25 | 0.12× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.03× | — | ||
| Q3 24 | 0.04× | — | ||
| Q2 24 | 0.04× | — | ||
| Q1 24 | 0.05× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $52.4B | $164.2M |
| 自由现金流经营现金流 - 资本支出 | $24.6B | $157.6M |
| 自由现金流率自由现金流/营收 | 21.6% | 19.6% |
| 资本支出强度资本支出/营收 | 24.5% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.52× | 1.26× |
| 过去12个月自由现金流最近4个季度 | $73.3B | $550.5M |
8季度趋势，按日历期对齐
经营现金流GOOGLNYT
| Q4 25 | $52.4B | $164.2M | ||
| Q3 25 | $48.4B | $207.6M | ||
| Q2 25 | $27.7B | $113.6M | ||
| Q1 25 | $36.1B | $99.1M | ||
| Q4 24 | $39.1B | $151.7M | ||
| Q3 24 | $30.7B | $125.5M | ||
| Q2 24 | $26.6B | $80.2M | ||
| Q1 24 | $28.8B | $53.1M |
自由现金流GOOGLNYT
| Q4 25 | $24.6B | $157.6M | ||
| Q3 25 | $24.5B | $199.7M | ||
| Q2 25 | $5.3B | $103.3M | ||
| Q1 25 | $19.0B | $89.9M | ||
| Q4 24 | $24.8B | $143.6M | ||
| Q3 24 | $17.6B | $118.4M | ||
| Q2 24 | $13.5B | $72.6M | ||
| Q1 24 | $16.8B | $46.7M |
自由现金流率GOOGLNYT
| Q4 25 | 21.6% | 19.6% | ||
| Q3 25 | 23.9% | 28.5% | ||
| Q2 25 | 5.5% | 15.1% | ||
| Q1 25 | 21.0% | 14.1% | ||
| Q4 24 | 25.7% | 19.8% | ||
| Q3 24 | 20.0% | 18.5% | ||
| Q2 24 | 15.9% | 11.6% | ||
| Q1 24 | 20.9% | 7.9% |
资本支出强度GOOGLNYT
| Q4 25 | 24.5% | 0.8% | ||
| Q3 25 | 23.4% | 1.1% | ||
| Q2 25 | 23.3% | 1.5% | ||
| Q1 25 | 19.1% | 1.5% | ||
| Q4 24 | 14.8% | 1.1% | ||
| Q3 24 | 14.8% | 1.1% | ||
| Q2 24 | 15.6% | 1.2% | ||
| Q1 24 | 14.9% | 1.1% |
现金转化率GOOGLNYT
| Q4 25 | 1.52× | 1.26× | ||
| Q3 25 | 1.38× | 2.54× | ||
| Q2 25 | 0.98× | 1.37× | ||
| Q1 25 | 1.05× | 2.00× | ||
| Q4 24 | 1.47× | 1.23× | ||
| Q3 24 | 1.17× | 1.96× | ||
| Q2 24 | 1.13× | 1.22× | ||
| Q1 24 | 1.22× | 1.31× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GOOGL
| Google Search | $63.1B | 55% |
| Google Cloud | $17.7B | 16% |
| Subscriptions & Devices | $13.6B | 12% |
| YouTube | $11.4B | 10% |
| Google Network | $7.8B | 7% |
NYT
| Subscription | $510.5M | 64% |
| Advertising | $191.7M | 24% |
| Affiliate Licensing And Other Products And Services | $100.2M | 12% |
